First Merchants Corporation declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, payable on May 15, 2026 to record holders on April 30, 2026.
Key takeaways
Board declared quarterly dividend of $46.88 per share on 7.50% Non-Cumulative Perpetual Preferred Stock Series A.
Equivalent to $0.4688 per depositary share (NASDAQ: FRMEP), each representing 1/100th interest in a Series A share.
Dividend payable May 15, 2026 to stockholders of record April 30, 2026.
Press release furnished as Exhibit 99.1.
Confirms ongoing preferred dividend commitment to investors.